Crypto- fascism blows my mind in its libertarian naivety.
It's basically how I thought the internet would play out, 20 years ago. I was just a bit wrong then - call me a cynic, but I can imagine things might play a bit different than they're envisioned in this thread.
https://twitter.com/muststopmurad/status/985335762421010434 …
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Well look- I admire your optimism. But don't you think that corporations and oligarchs will co-opt crypto just the same way they did the internet? In fact, perhaps they've done so already.
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I have no idea what this is even about
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It is extremely difficult for corporations to coopt bitcoin
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What, they can't just buy it, with all that fiat currency they've collected? Wow, that must put them at a real disadvantage compared to switched-on libertarians who understand crypto!
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If they buy it aggressively the price will go into the stratosphere
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Said price measured in fiat currency... Which governments and banks own. Who are in the pockets of the corporations. This doesn't quite sound like a revolution.

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Only a small % of Bitcoins are in circulation. 60%+ of Bitcoin is HODLed by people who don’t plan to sell. At all.
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